West Wealth Group LLC Cuts Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

West Wealth Group LLC decreased its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 14.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,075 shares of the company’s stock after selling 2,635 shares during the quarter. West Wealth Group LLC owned about 0.06% of SPDR ICE Preferred Securities ETF worth $539,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Powers Advisory Group LLC raised its stake in shares of SPDR ICE Preferred Securities ETF by 5.0% in the fourth quarter. Powers Advisory Group LLC now owns 49,827 shares of the company’s stock valued at $1,670,000 after purchasing an additional 2,390 shares in the last quarter. Raymond James & Associates lifted its holdings in SPDR ICE Preferred Securities ETF by 48.4% during the 4th quarter. Raymond James & Associates now owns 19,182 shares of the company’s stock worth $643,000 after purchasing an additional 6,252 shares during the last quarter. Eclectic Associates Inc. ADV raised its holdings in SPDR ICE Preferred Securities ETF by 17.8% in the 4th quarter. Eclectic Associates Inc. ADV now owns 9,438 shares of the company’s stock valued at $316,000 after acquiring an additional 1,426 shares in the last quarter. Twelve Points Wealth Management LLC increased its holdings in SPDR ICE Preferred Securities ETF by 2.3% in the 4th quarter. Twelve Points Wealth Management LLC now owns 56,917 shares of the company’s stock worth $1,908,000 after purchasing an additional 1,294 shares in the last quarter. Finally, Atlas Private Wealth Advisors acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at about $7,327,000.

SPDR ICE Preferred Securities ETF Stock Up 0.3 %

Shares of PSK stock traded up $0.09 during trading hours on Thursday, reaching $35.26. The company had a trading volume of 15,597 shares, compared to its average volume of 116,178. The business has a fifty day simple moving average of $34.70 and a 200-day simple moving average of $33.27. SPDR ICE Preferred Securities ETF has a 12 month low of $29.91 and a 12 month high of $35.37.

About SPDR ICE Preferred Securities ETF

SPDR Wells Fargo Preferred Stock ETF (the Fund) seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The Index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.